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Short answer: As of 2026, roughly nine US spot Solana ETFs are trading, and they’ve been live since 28 October 2025. Unlike spot Bitcoin ETFs, most of these funds stake the Solana they hold and accrue the rewards into the fund’s net asset value (NAV). Fees currently run from about 0.19% to 0.30%, with Franklin’s SOEZ and Grayscale’s GSOL at 0.19% and Bitwise’s BSOL the first Solana ETF to pass $1 billion in assets. You buy them like any US-listed ETF through a standard brokerage account. Fees and waivers change, so always confirm the current number on the issuer’s page. One important caveat: these US funds are not available to EU or UK retail investors, who use crypto ETNs instead.

What are US spot Solana ETFs? #

A US spot Solana ETF is an exchange-traded fund that holds actual SOL — the native token of the Solana blockchain — and trades on a US exchange under a normal ticker. Instead of setting up a wallet, managing private keys, or using a crypto exchange, you buy shares of the fund and the issuer handles custody of the underlying coins.

These products arrived on 28 October 2025, and the field has grown to roughly nine funds from major asset managers. The defining feature that sets them apart from spot Bitcoin ETFs is staking. Because Solana is a proof-of-stake network, most of these funds stake the SOL they hold to earn on-chain rewards, then fold that yield back into the fund’s NAV. In practice, that means the staking rewards help offset the management fee rather than being paid out to you as a separate distribution.

For background on how these wrappers are built, see how Solana ETFs work, and for the asset itself, what Solana is.

The full list: US spot Solana ETFs, fees and staking #

Here is the current list of publicly reported US spot Solana ETFs, identified by issuer and ticker. Fees shown are the most recently reported figures; issuers run waivers and can change pricing, so treat these as a starting point and verify on the issuer’s page before you buy.

IssuerTickerFeeStaking
BitwiseBSOL0.20%Staked (first Solana ETF past $1B AUM)
GrayscaleGSOL0.19%Staked
FranklinSOEZ0.19% (lowest standard fee)Staked
VanEckVSOL0.30% (post fee-waiver)Staked
21SharesTSOL0.21%Staked
FidelityFSOL0.25%Staked
Morgan StanleyMSOLTradingStaked

Additional products have been filed with regulators — Canary, among others — so the list is still expanding. That’s a good reason to re-check the field rather than assume it’s fixed.

A quick note on tickers: BSOL and VSOL exist on both US and European markets as different products from the same issuers. This article covers the US-listed versions only. If you’re comparing what you see on a European exchange, make sure you’re looking at the right market.

Which US Solana ETF has the lowest fee? #

On headline management fees, the cheapest standard pricing is currently 0.19%, shared by Franklin’s SOEZ and Grayscale’s GSOL. Bitwise’s BSOL sits just above at 0.20%, 21Shares’ TSOL at 0.21%, Fidelity’s FSOL at 0.25%, and VanEck’s VSOL at 0.30% after its fee waiver.

But fee is only one input, and the lowest sticker price isn’t automatically the best fund for you. Several issuers have used temporary fee waivers to compete for early assets, which means today’s ranking can shift. Liquidity and trading volume matter too: BSOL was the first Solana ETF to cross $1 billion in assets on NYSE Arca, and deeper, more heavily traded funds tend to have tighter bid-ask spreads — a real cost that doesn’t show up in the expense ratio.

The practical takeaway is that different funds win on different measures. A rival can be cheaper on paper while another is more liquid or has a longer track record. Compare the expense ratio, the staking approach, the fund’s size, and its typical spread together, and confirm each figure on the issuer’s page before deciding.

How does staking work inside these ETFs? #

Solana’s network pays rewards to holders who stake their tokens to help secure the chain. Network-wide, staking yields around 5.3%–5.6% nominal, and roughly 69% of all SOL is staked. These ETFs tap into that yield on your behalf.

Bitwise’s BSOL, for example, has reported staking about 96% of its holdings for a net reward of roughly 5.8%. Rather than sending that yield to shareholders as a dividend, the funds generally reinvest it into NAV, which can help absorb the management fee over time. That’s the structural edge Solana ETFs have over spot Bitcoin ETFs — Bitcoin doesn’t stake, so there’s no equivalent yield to capture.

Staking isn’t free of trade-offs. Staked tokens can be subject to lock-up or unbonding periods, and yields fluctuate with network conditions. The issuer manages all of that behind the scenes, but it’s part of why fund structures and reported net rewards differ from one product to the next.

How much money is flowing into Solana ETFs? #

Demand has been strong. US spot Solana ETFs recorded a record ~$153 million in net inflows during their strongest week of 2026, with a best single day of about $60.9 million. That momentum reflects growing appetite for regulated Solana exposure.

Flows are a sentiment signal, not a promise. Inflows can reverse quickly, and a strong week can be followed by outflows. For context, SOL traded around $104 on 8 September 2026 — up roughly 36% over 30 days but still about 64% below its January 2025 all-time high of $293.31. If you want to weigh the case for the asset itself, see should you buy Solana, and for market context, our Solana price-prediction overview.

How to buy a US spot Solana ETF #

Buying one of these funds works like buying any US-listed ETF:

  1. Open or use a brokerage account that offers US-listed ETFs.
  2. Search the ticker — for example BSOL, GSOL, SOEZ, VSOL, TSOL, FSOL or MSOL.
  3. Check the current fee and fund details on the issuer’s page, since waivers and pricing change.
  4. Place your order. A limit order helps you control the price you pay, especially in volatile sessions.
  5. Review costs and holdings periodically — expense ratio, spread, and how the fund handles staking.

Because these are exchange-traded, you can buy and sell during market hours, and the fund handles custody and staking of the underlying SOL for you.

Can EU and UK investors buy these? #

Generally, no. These are US-listed products without a PRIIPs Key Information Document (KID), so they are not accessible to EU or UK retail investors. If you’re in Europe or the UK, the route to regulated Solana exposure is a crypto ETN (exchange-traded note) listed on a local exchange, which is a different structure — an ETN is a debt security and carries issuer risk. That’s a separate topic with its own rules and product list.

FAQ #

How many US spot Solana ETFs are there? Roughly nine are trading, launched from 28 October 2025, with more filed and expected. Publicly reported tickers include BSOL, GSOL, SOEZ, VSOL, TSOL, FSOL and MSOL.

Which is the best US Solana ETF? There’s no single best pick. On fee, Franklin’s SOEZ and Grayscale’s GSOL are lowest at 0.19%; on assets, Bitwise’s BSOL was first past $1 billion. Compare fee, liquidity, staking and track record, and confirm figures on the issuer’s page.

Do these ETFs stake Solana? Most do. They stake the SOL they hold and accrue the rewards into NAV, which is a key difference from spot Bitcoin ETFs.

Can I earn the staking yield directly? Not as a separate payout. The rewards are generally reinvested into the fund’s NAV rather than distributed to shareholders.

Can EU or UK investors buy US Solana ETFs? No — they lack a PRIIPs KID and aren’t available to EU/UK retail. European and UK investors typically use crypto ETNs instead.

Will the fees stay the same? Not necessarily. Several issuers use waivers, and pricing can change. Always confirm the current fee on the issuer’s page before buying.

Not financial advice. Capital at risk.